Item - 2017.MM31.43

City Council on July 4, 5, 6 and 7, 2017, adopted the following:

1.  City Council authorize a maximum commitment of $2,500,000.00 (includes a five year escalation as well as HST and One-time Paver Maintenance Fee) by the City toward streetscape improvements proposed to be co-ordinated by and the responsibility of Infrastructure Ontario in the context of the development of the new provincial courthouse at 11 and 33 Centre Avenue and 80 Chestnut Street as external infrastructure improvements, which commitment will be fully funded by the allocation of Section 37 funds by the Chief Planner and Executive Director, City Planning, from the development of 454 and 456 Yonge Street (source account XR3026-3700672).

 
2.  City Council authorize and direct the General Manager of Transportation Services to include $2,500,000.00 (fully funded by Section 37 funds from the development at 454 and 456 Yonge Street - source account XR3026-3700672) to be considered as part of the 2018-2027 Capital Budget and Plan Budget process (expected completion of the external infrastructure improvements 2021).

 
3.  City Council authorize the Chief Planner and Executive Director, City Planning, in consultation with the City Solicitor, to negotiate, enter into and execute on behalf of the City, necessary agreements, including a cost contribution agreement with Infrastructure Ontario providing for payment set out in Recommendation 1 to the successful proponent Project Co., selected by Infrastructure Ontario and undertaking the construction of the new provincial courthouse associated with 11 and 33 Centre Avenue and 80 Chestnut Street, upon substantial completion of the external infrastructure works in accordance with approved plans and drawings and acceptance by the City, all on terms to be set out in such agreement(s).

 
4.  City Council authorize the Chief Engineer and Executive Director, Engineering and Construction Services, in consultation with the City Solicitor, to negotiate, enter into and execute such municipal infrastructure agreement(s) as may be required with the successful proponent Project Co., to provide for and financially secure the external infrastructure works contemplated to be undertaken at the time of development of 11 and 33 Centre Avenue and 80 Chestnut Street and including:

a.   construction of the  improvements  in accordance with the City's construction standards and with detailed plans and drawings approved by the Chief Planner and Executive Director, City Planning and the General Manager, Transportation Services; and

b.   compliance with all relevant City policies as applicable, including the City's Fair Wage Policy, the Labour Trades Construction Obligations in the Construction Industry Policy, and the Declaration of Compliance with the Anit-Harrassment/Discrimination Legislation Policy, as applicable.